CONNEXIS Briefings, Presentations & Workshops on New ISO ESG Standards

The International Standards Organization (ISO) is developing a set of new standards around environmental, social and governance topcis.

ISO 14007 – Determining environmental costs & benefits | Franz Knecht convenor (read more)
ISO 14008 – Monetary valuation of environmental impacts & related aspects (read more)
ISO 14030 – Green Bonds: Environmental performance of nominated projects & assets (more)
ISO 14097 – Climate Finance (read more)
ISO 19600:2014 - Compliance Management Systems (read more)
ISO 37001:2016 - Anti-Bribery Management Systems (read more)

CONNEXIS participates in the development of these new standards in a leading role: Franz Knecht, managing partner and founder of CONNEXIS is the convenor of the Working Group for ISO 14007.

As a leading member of the ISO working groups CONNEXIS offers its customers unique insights into the latest developments through briefings, presentations and workshops on these new upcoming ISO standards.

For more details and booking of briefings, presentations and workshops please contact us here.

ISO 14007 - Determining Environmental Costs & Benefits - Convenor Franz Knecht

ISO 14007 is designed to offer organizations guidance on determining and communicating the environmental costs and benefits associated with their environmental aspects, impacts and dependencies on natural resources and ecosystem services.

This financial information can enable the material environmental issues and their implications for the organization to be understood in commercial terms.

ISO 14008 - Monetary Valuation of Environmental Impacts & Related Aspects

With ISO 14008 the ISO is developing new guidance for companies on the comprehensive determination and communication of the monetary values (costs and benefits) associated with their environmental aspects, impacts and dependencies on natural resources and ecosystem services.

Converting the environmental impacts and aspects of a company's environmental footprint into monetary values is intended to make these impacts and aspects more understandable and more comparable.

In his role as the official representative of the Swiss national mirror organization to ISO Franz Knecht actively participates as an expert in the development of ISO 14008. (back to top)

ISO 14030 - Green Bonds, Environmental Performance of Nominated Projects & Assets

Green Bonds (or Climate Bonds) are a rapidly growing new asset class, started by the World Bank and the European Investment Bank with their first issuance in 2007. Green Bonds are a form of fixed-income/debt finance for Climate Change related projects or programs. In 2016 the totel valuation of Green Bonds was around US$ 160MM, with another US$ 150MM issuance expected for 2017. read more

ISO 14030 intends to establish internationally recognized standards and criteria for projects that participate in the new financing tools of Green Bonds.

The first workshop for ISO 14030 will be held in Paris, France December 18^th to 20^th.

In his role as the official representative of the Swiss national mirror organization to ISO Franz Knecht actively participates as an expert in the development of ISO 14030. (back to top)

ISO 14097 Climate Finance - Climate Related Metrics for the Finance Sector

ISO 14097 will offer companies and organizations a framework and principles for assessing and reporting investments and financing activities related to climate change.

ISO 14097 will provide technical guidance to financial institutions on climate- related metrics, in line with the recommendations of the TCFD, the provisions of Article 173 in France, and other climate-related disclosure requirements in preparation.

The overarching objective of ISO 14097 is to create the international standard for assessing and reporting investments and financing activities related to climate change, including:

The impact of investment and lending decisions on GHG emissions
Alignment of investment and financing decisions with climate goals; and
The value at risk for owners of financial assets (e.g. private equity, listed stocks, bonds, loans) arising from international climate-related risks

ISO 14097 is scheduled to be launched in 2019. (back to top)

ISO 19600:2014 Compliance Management Systems

ISO 19600:2014 provides guidance for establishing, developing, implementing, evaluating, maintaining and improving an effective and responsive compliance management system within an organization.

ISO 19600:2014 is based on the principles of good governance, proportionality, transparency and sustainability.

The compliance management standard is currently under review after the regular three-year period. A new/updated version is expected for 2018. (back to top)

ISO 37001:2016 Anti Bribery Management Systems

ISO 37001:2016 specifies requirements and provides guidance for establishing, implementing, maintaining, reviewing and improving an anti-bribery management system. The system can be stand-alone or can be integrated into an overall management system. ISO 37001:2016 addresses the following in relation to the organization's activities:

Bribery in the public, private and not-for-profit sectors;
Bribery by the organization;
Bribery by the organization's personnel
Bribery of the organization
Direct & indirect bribery (e.g. a bribe offered or accepted through or by a 3rd party)

ISO 37001:2016 is applicable only to bribery. It does not specifically address fraud, cartels and other anti-trust/competition offences, money-laundering or other activities related to corrupt practices, although an organization can choose to extend the scope of the management system to include such activities.

(back to top)

For more details and booking of briefings, presentations and worksops please contact us here .